2221 FRANKFORD AVE, Philadelphia, PA 19125 | MLS PAPH2133396 | Listing Information | Nestfully
Courtesy: Ryan McManus - Compass RE; Phone: (267) 448-3744
SOLD
$615,000
Sold Date 01/11/2023

2221 FRANKFORD AVE
Philadelphia, PA 19125

0.03
Acres Lot
Land
197 days on Nestfully 12 views
Shovel-ready multifamily development opportunity in Fishtown on Frankford Avenue - located at the epicenter of Philadelphia's most popular neighborhood. This is Philly's new "high street" lined with authentic and original merchants, businesses and residents alike. Plans are optimally designed and fully-approved for a 4,667 SF 4-storey building with three (3) luxury residences atop a ground floor commercial studio. The residential apartments have been engineered to sell as for-sale condos but can also be held as cash-flowing rentals that will achieve top-of-market rents. Each residence is bi-level (upper units are tri-level) with roughly 1300 SF open concept flooplans. The lower unit has a home office/flex space plus private garden. The upper units have private skyline rooftop terraces and balconies. The Location is home to Philly's best restaurants and shops and The Property is ideally designed to derive maximum value whether it's built to sell or held for investment purposes. The full 10 year tax abatement has been secured. Enquire within for permits, plans and due diligence materials.
PAPH2133396
Land
Other
PHILADELPHIA
0.03 Acres
Public
Public Sewer
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Courtesy: Ryan McManus - Compass RE; Phone: (267) 448-3744
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